Blog tagged as Ministry of Corporate Affairs

Incorporation of Foreign Subsidiary Company in India Basic Requirements Explained

Convene the First Board Meeting: The Board meeting is held, and the resolution for issuing rights shares is passed. The rights issue does not require the approval of shareholders, and hence the board can proceed towards the issue.

The followings are the said amendments made under the Nidhi Company (Amendment) Rules 2022:

The National Industrial Classification Code (“NIC Code”) is a statistical standard for developing and maintaining a comparable data base for various economic activities.

Documents / Forms to be filed with the Registrar of Companies under Companies Act, 2013

Corporate Social Responsibility (CSR) is an immense term which is used to explain the efforts of a company in order to improve society in any other way.

DPT 3 is a return of deposits that companies must file to furnish information about deposits and/or outstanding receipt of loan or money other than deposits. Every company needs to file annual form DPT-3 (Return of Deposits) which is due on or before 30th June 2020.

The authorized capital of a corporation is the maximum sum of share capital for which shares could be issued by a corporation. The initial authorized capital of the corporation is stated in the Memorandum of Association of the Company under the heading of “Capital Clause”.

Keeping in view the ease of doing business, new form SPICe+ is notified for the incorporation of a company and incidental registrations. The form SPICe+ replaces the existing SPICe form.

In order to support and enable Companies and Limited Liability Partnership (LLPs) in India to focus on taking necessary measures to address the COVID-19 threat, including the economic disruptions caused by it